Nestle Sues Sara Lee over Patent Infringement
Filed under: Other Issues , Bad News , Sara Lee Corp (SLE) “Nobody doesn’t like Sara Lee ( SLE )?” Think again. Swiss company Nestle has filed a lawsuit against the Illinois-based food giant, claiming patent infringement of the Nespresso coffee system. While the Swiss are known for staying neutral, Nestle felt compelled to seek legal action in an effort to protect its highest-selling product
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Nestle Sues Sara Lee over Patent Infringement
La Z Boy Plummets on Weak 2010 Outlook
Filed under: Major Movement , Earnings Reports , Forecasts , Options , Technical Analysis La Z Boy ( LZB – option chain ) stock is traded much lower Tuesday after the company reported fourth-quarter 2009 earnings , posting an adjusted profit of 24 cents per share on revenue of $310 million. Analysts had forecast a profit of 23 cents per share on revenue of $307 million. However, shares of the stock are falling due to a cautious 2010 outlook
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La Z Boy Plummets on Weak 2010 Outlook
Dividend Champs: AT&T (T), Merck (MRK), Pinnacle West (PNW)
Filed under: AT and T (T) , Merck and Co (MRK) “If you’re a retiree or otherwise focused on income, dig into the holdings that make up our Incredible Dividend Machine; this portfolio is designed to home in on champion dividend payers,” says Richard Band . The editor of Profitable Investing explains, “We’re looking for the highest yields available, consistent with safety. Three that currently stand out are Merck ( MRK ), AT&T ( T ) and Pinnacle West ( PNW ).
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Dividend Champs: AT&T (T), Merck (MRK), Pinnacle West (PNW)
Analyst Calls: AMZN, BWA, CELG, FINL, MMC, NLY, PPO, ROSE, SNDA, TROW, VVUS …
Filed under: Analyst Reports , Analyst Upgrades and Downgrades , Amazon.com (AMZN) , Analyst Initiations Analyst Upgrades Wells Fargo upgraded T. Rowe Price ( TROW ) to outperform from market perform, citing strong flows and a potential recovery in the U.S.
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Analyst Calls: AMZN, BWA, CELG, FINL, MMC, NLY, PPO, ROSE, SNDA, TROW, VVUS …
Best Buy’s Q1 Profit Misses Expectations
Filed under: Earnings Reports , Best Buy (BBY) Early Tuesday morning, Best Buy ( BBY ) announced that its first-quarter profit increased to $155 million from $153 million a year ago. While the overall profit was slightly higher, the per-share results of 36 cents matched those from a year ago. These results fell 14 cents short of the consensus estimate.
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Best Buy’s Q1 Profit Misses Expectations
Best Buy: Sprint’s HTC Evo is our best selling smartphone
Best Buy’s CEO Brian Dunn said Tuesday that consumer traffic at its stores is lumpy with customers splurging for big tech launches and then pulling back. Apparently, Sprint’s HTC 4G Evo is shaping up to be a big event.
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Best Buy: Sprint’s HTC Evo is our best selling smartphone
Is Now a Good Time to Consider Kimberly-Clark?
Filed under: Kimberly-Clark (KMB) , Stocks to Buy The shares of ( KMB ), which I first discussed here on June 22, 2009 , at a price of $51.06, have meandered over the past three months at or near $62, as the market sorts out the health of the U.S. economic recovery, creating a decent price at which to consider the shares if you missed the $51 level.
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Is Now a Good Time to Consider Kimberly-Clark?
Free WiFi at Starbucks: Good or Bad for Business?
Filed under: Consumer Experience , Competitive Strategy , Starbucks (SBUX) , McDonald’s (MCD) , AT and T (T) , Technology Starbucks ( SBUX ) CEO Howard Schultz said Monday that beginning July 1, the coffee king will offer free WiFi in all company-owned stores. This is a change from the current policy, which allows two free hours to customers with a registered SBUX card, or free unrestricted service for AT&T ( T ) customers.
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Free WiFi at Starbucks: Good or Bad for Business?
NASA: Using the private cloud to track the space above the other clouds
At a session in the Cloud Leadership Forum in Silicon Valley, the CIO of NASA Jet Propulsion laboratory talks about the benefits and concerns of using a private cloud for such critical data.
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NASA: Using the private cloud to track the space above the other clouds
GM To Use Google Services In The New Chevy Volt
Filed under: Competitive Strategy , Google (GOOG) General Motors continues to recover from a disastrous 2008 and 2009, and in that respect its latest quarterly numbers indicate it is partially on the way to becoming a consistent profit maker. But, it has a very long road ahead
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GM To Use Google Services In The New Chevy Volt
Yahoo! Snaps Up Associated Content, Adds Freelance Content To Its Network
Filed under: Deals , Yahoo! (YHOO) Yahoo! Inc. ( YHOO ) is continuing its transformation from an old-school internet portal to a destination for all types of original and unique content — along with all the ad inventory that also brings. Its latest prize: the announced acquisition of Associated Content — a network with 380,000 content contributors
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Yahoo! Snaps Up Associated Content, Adds Freelance Content To Its Network
Staples: Decent Q1, But Are Shares Ready to Rise?
Filed under: Staples Inc (SPLS) Office supplies chain Staples Inc. ( SPLS ) reported first quarter earnings of 28 cents , above the Thomson/Reuters First Call estimate of 27 cents , and at least initially, that was enough to satisfy investors, despite the company’s subdued sales outlook.
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Staples: Decent Q1, But Are Shares Ready to Rise?
Oil Falls Below $68 on European Debt Crisis Concerns
Filed under: Commodities , Oil , Financial Crisis Oil plunged again Thursday, at one point falling to $64.24 per barrel, before recovering to $67.74, down $2.13. What’s driving the downtrend? It’s not oil’s fundamentals, which are basically the same as they were a week ago.
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Oil Falls Below $68 on European Debt Crisis Concerns
Analyst Says Weaker Euro May Prevent European Recession
Filed under: Financial Crisis , Currency Will the euro’s decline in value prevent a dreaded euro-zone recession? That’s the conclusion of one analyst. “The euro depreciation is very good news for the region” because the rest of the world economy is expanding, Charles Wyplosz, head of the International Center for Monetary and Banking Studies in Geneva, told Bloomberg News Thursday
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Analyst Says Weaker Euro May Prevent European Recession
Retail Rivals: Is Target or Wal-Mart a Better Buy?
Filed under: Earnings Reports , Wal-Mart (WMT) , Target Corp. (TGT) , Stocks to Buy We heard from some of the biggest names in retail recently when Target ( TGT ) and Wal-Mart ( WMT ) reported earnings. Now that the numbers are in, investors can take a hard look and decide once and for all which company is a better fit for their portfolio – the “cheap chic” store or its larger and less polished rival
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Retail Rivals: Is Target or Wal-Mart a Better Buy?
Options Traders Add Bearish Bets on Hartford Financial Services
Filed under: Options , Technical Analysis Hartford Financial Services ( HIG ) attracted unusually heavy put volume on Wednesday, with 1.7 times the expected number of puts crossing the tape. About 10,000 put options were traded on the insurance issue during the course of yesterday’s session, compared to fewer than 8,000 calls that changed hands. Data from the International Securities Exchange (ISE) points to a strongly bearish bias.
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Options Traders Add Bearish Bets on Hartford Financial Services
Analyst Calls: AAPL, AMZN, CVS, DELL, HME, NTY, NXY, SYMC, UPS, VRSN, WAG …
Filed under: Analyst Reports , Analyst Upgrades and Downgrades , Apple Inc (AAPL) , Dell (DELL) , Amazon.com (AMZN) , Walgreen Co (WAG) , CVS Corp (CVS) , United Parcel’B’ (UPS) , Analyst Initiations Analyst Upgrades Wells Fargo upgraded Home Properties ( HME ) to outperform from market perform.
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Analyst Calls: AAPL, AMZN, CVS, DELL, HME, NTY, NXY, SYMC, UPS, VRSN, WAG …
U.S. Jobless Claims Increase to a Month-Long High
Filed under: Economic Data The Labor Department issued a bit of a nasty surprise this morning in its report on initial jobless claims. Last week, the department issued 25,000 new claims for unemployment benefits , far more than the expected drop of 6,000 claims. The resulting 471,000 total claims in the past week was the most in a month
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U.S. Jobless Claims Increase to a Month-Long High
Options Update: Campbell Soup Volatility Near Eight-Month Highs into EPS
Filed under: Campbell Soup (CPB) , Options Campbell Soup ( CPB ) is expected to report Q3 EPS on May 24. June put option implied volatility is at 26, August at 25, November is at 26, above its 26-week average of 20, according to Track Data, suggesting larger price movement. MSCI Spain Index ETF ( EWP ) closed at $34.30
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Options Update: Campbell Soup Volatility Near Eight-Month Highs into EPS
Applied Materials: Do Q2 Results Make the Stock a Buy?
Filed under: Earnings Reports , Applied Materials (AMAT) , Technology Applied Materials ( AMAT ) is one of those interesting trading-vehicle-type stocks. It’s been up, it’s been down. The sideways action, as indicated by the one-year chart , isn’t for everyone.
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Applied Materials: Do Q2 Results Make the Stock a Buy?